OraSure Technologies Acquires UrSure
May 29, 2020
OraSure Technologies, Inc. has agreed to acquire UrSure, Inc., a Boston-based developer of tests that measure adherence to HIV medications including PrEP, for $3 million upfront plus up to $28 million in contingent consideration. The acquisition expands OraSure's point-of-care and infectious disease diagnostic offerings and strengthens its position in the HIV market by adding adherence-monitoring products and related laboratory capabilities.
- Buyers
- OraSure Technologies, Inc.
- Targets
- UrSure, Inc.
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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